My morning reading, served fresh with corn muffins and coffee:
• Yale: Alpha’s Not Dead, But Finding It Is Hard (AI-CIO)
• The Markets Are Punishing Russia More Swiftly Than Diplomats Ever Could (Quartz) see also How Stocks React to Geopolitical Uncertainty (MoneyBeat)
• The Cost of Bitcoin (stratēchery)
• Nonsense Forecasts (Reformed Broker) see also Dow 5,000 in 2013 was the worst forecast of 2013 (TBP)
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